WebNov 15, 2024 · In some cities, like Delhi for instance, GST at 18 percent was a boon for customers as they were paying 12.5 percent VAT and 5 percent service tax which brought the total tax liability to 18.5 percent. GST shaved off 0.5 percent on the guest's bill when it was introduced, say some restaurateurs. WebDec 6, 2024 · At last month’s GST Council meeting, the rate was slashed to 5% from 18% for all standalone restaurants, irrespective of whether they were air-conditioned or otherwise, without input tax credit. Takeaways and deliveries were also brought down to a flat slab of 5%. The change took effect November 15. Sunday, 09 Apr, 2024

GST rate on restaurant bills slashed to 5%; pay less for eating out …

WebNov 11, 2024 · On eating out, the finance minister said that while all restaurants in and outside hotels will carry a 5 per cent GST charge, at those in starred hotels with room tariffs above 7,500 a night ... WebJul 3, 2024 · There was a lot of hoopla around GST or the Goods and Service Tax that was implemented on July 1 with several brands offering last-moment sales to clear old stock … tasha wheatt-delancy

GST at 5% for restaurants: Eating out will become cheaper ... - Firstpost

WebJul 1, 2024 · Eating out in AC restaurants would amount to 18% tax as against 10.6 % charged (including VAT and service tax) earlier. Roadside dhabas or low cost … WebOct 25, 2024 · Eating out has become very expensive for consumers post GST. Adding to the cost is restaurants are not passing the ITC benefits to the consumers which increases the cost of spending at... WebApr 11, 2024 · Treasurer Jim Chalmers isn’t ruling out additional support for Victoria in next month’s federal budget amid the state’s growing $115 billion debt pile. Asked on Tuesday whether he was willing to help bail out the Andrews government, the federal treasurer said all budgets are under pressure and the Commonwealth will do what it can to assist. tasha western